December 5, 2019
RALEIGH – AppSmart, a provider of services focusing on the business-to-business (B2B) market, is growing its footprint to Charlotte, acquiring Converged Network Services Group, or CNSG.
CNSG provides consulting and technology solutions.
It's the third deal in a year for AppSmart – which is built around the former NeoCloud, a spinout of NeoNova – in the past year.
The CNSG management team will stay in place, according to AppSmart.
"We believe joining AppSmart will fuel CNSG's rapid national expansion efforts, providing our partners with more resources and support than ever before," said CNSG founder and CEO Matt Harty. "This is the next step in the future of CNSG, a future that has never been brighter."
AppSmart offers a platform for SaaS distribution. It also recently acquired Telegration and World Telecom Group. The company says it provides services and applications through its website to "tens of thousands" of organizations.
NeoCloud was spun out of NeoNova in 2016 then acquired by San Francisco-based AppDirect last year. NeoCloud was combined with WTG to form AppSmart.
Source: WRAL TechWire